GILLETTE, Wyo.

Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal
producers and the only pure-play Powder River Basin (“PRB”) coal
company, today announced that it has completed the previously announced
move of its corporate headquarters to an existing structure at its
Cordero Mine located approximately 25 miles south of Gillette, Wyoming.
Effective October 1, 2018, Cloud Peak Energy officially moved its
physical headquarters to 748 T-7 Rd., Gillette, Wyoming 82718, with a
mailing address of PO Box 3001, Gillette, Wyoming 82717-3001. Company
phone numbers will remain the same through the transition.

“Cloud Peak Energy takes pride in being a company with Wyoming
headquarters and this will remain the case following the Gillette office
transition,” commented Colin Marshall, President and Chief Executive
Officer of Cloud Peak Energy. “I greatly appreciate the dedication and
understanding of our employees in managing this transition. This is
another step in our on-going efforts to reduce costs while focusing on
running safe and successful operations.”

The Company owns the building at 505 S. Gillette Avenue, Gillette, WY
82716 which previously served as the Company’s headquarters. The Company
plans to sell the building once the transition is complete.

About Cloud Peak Energy®

Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming and is one
of the largest U.S. coal producers and the only pure-play Powder River
Basin coal company. As one of the safest coal producers in the nation,
Cloud Peak Energy mines low sulfur, subbituminous coal and provides
logistics supply services. The Company owns and operates three surface
coal mines in the PRB, the lowest cost major coal producing region in
the nation. The Antelope and Cordero Rojo mines are located in Wyoming
and the Spring Creek Mine is located in Montana. In 2017, Cloud Peak
Energy sold approximately 58 million tons from its three mines to
customers located throughout the U.S. and around the world. Cloud Peak
Energy also owns rights to substantial undeveloped coal and
complementary surface assets in the Northern PRB, further building the
Company’s long-term position to serve Asian export and domestic
customers. With approximately 1,300 total employees, the Company is
widely recognized for its exemplary performance in its safety and
environmental programs. Cloud Peak Energy is a sustainable fuel supplier
for approximately two percent of the nation’s electricity.

Cautionary Note Regarding Forward-Looking Statements

This release may contain “forward-looking statements” within the meaning
of the safe harbor provisions of Section 27A of the Securities Act of
1933 and Section 21E of the Securities Exchange Act of 1934.
Forward-looking statements are not statements of historical facts and
often contain words such as “may,” “will,” “expect,” “believe,”
“anticipate,” “plan,” “estimate,” “seek,” “could,” “should,” “intend,”
“potential,” or words of similar meaning. Forward-looking statements are
based on management’s current expectations, beliefs, assumptions and
estimates regarding our company, industry, economic conditions,
government regulations and energy policies and other factors.
Forward-looking statements may include, for example, statements
regarding the potential sale of our office building, our anticipated
savings from the office consolidation and other statements regarding our
plans, strategies, prospects and expectations concerning our business,
operating results, financial condition, liquidity and other matters that
do not relate strictly to historical facts. These statements are subject
to significant risks, uncertainties, and assumptions that are difficult
to predict and could cause actual results to differ materially and
adversely from those expressed or implied in the forward-looking
statements. We make forward-looking statements based on currently
available information, and we assume no obligation to, and expressly
disclaim any obligation to, update or revise publicly any
forward-looking statements made in this release, whether as a result of
new information, future events or otherwise, except as required by law.

Permian efficiency wins help boost EERC EnerCom has released its latest Effective Rig Count, examining the state of drilling activity and the reported production from the major shale basins. The Effective Rig Count rose sharply in November, extending the increase seen last month. The EERC is now at 2,907, an increase of 95 compared to the October count. While the[Read More…]